ICRA revises Go Fashion's credit outlook to positive

Go Fashion (India) Limited announced on November 21, 2025, that ICRA Limited has reaffirmed its credit ratings while revising the outlook from stable to positive. This update pertains to the company's unallocated limits, non-fund based facilities, and long-term fund-based facilities.

The short-term unallocated limits of INR 20.00 crore and short-term non-fund based Letter of Credit facilities of INR 146.00 crore were reaffirmed at [ICRA]A1+. The long-term fund-based cash credit facilities, totaling INR 59.00 crore, were reaffirmed at [ICRA]A+(Positive), with the outlook revised from stable to positive. These ratings apply to facilities from ICICI Bank, Axis Bank, and HDFC Bank.

This positive revision reflects ICRA's assessment of Go Fashion's financial health and prospects. The detailed letter from ICRA Limited is available on Go Fashion's investor relations website.